KPMG has made available for download their article, "Ninth Circuit: Tax Return Considered Filed When Sent in Response to IRS Inquiry; Tax Court Reversed", which discusses how the U.S. Court of Appeals for the Ninth Circuit reversed the Tax Court's grant of summary judgment in favor of the government. The abstract is as follows: The … Continue reading KPMG: Ninth Circuit: Tax Return Considered Filed When Sent in Response to IRS Inquiry; Tax Court Reversed (May 11, 2022)
Author: mallorywentz
BDO USA: Cryptoasset Transactions: State Corporate Income Tax Implications (May 2022)
BDO USA has published an article, "Cryptoasset Transactions: State Corporate Income Tax Implications", published on BDO USA. The abstract is as follows: The following article, Cryptoasset Transactions: State Corporate Income Tax Implications, originally appeared in the May 2022 issue of The Tax Adviser.Many businesses that once considered cryptoassets a highly speculative investment have been won over … Continue reading BDO USA: Cryptoasset Transactions: State Corporate Income Tax Implications (May 2022)
Stacy Francis: Here’s Why You Should Open A Roth IRA For Your Kids (April 25, 2022)
Stacey Francis, a blogger for FA Playbook, has published her article, "Here's Why You Should Open A Roth IRA For Your Kids". The article begins as follows: How would it feel to give your children an enormous leg up on saving for retirement while also helping them form healthy money habits?The answer could be opening … Continue reading Stacy Francis: Here’s Why You Should Open A Roth IRA For Your Kids (April 25, 2022)
Journal of Accountancy: Help Clients Achieve Flexible Spending in Retirement (April 22, 2022)
Megan Hart has published an article on the Journal of Accountancy, "Help Clients Achieve Flexible Spending in Retirement". The article begins as follows: After decades of saving diligently to build up a strong retirement portfolio, it can be tough to flip the switch when it comes time to stop working, said Oscar Vives, CPA/PFS, a … Continue reading Journal of Accountancy: Help Clients Achieve Flexible Spending in Retirement (April 22, 2022)
Procedurally Taxing: Can Bankruptcy Trustee Be Held Liable For Trust Fund Recovery Penalty of Responsible Officer? (April 19, 2022)
Keith Fogg has made available for download his article, "Can Bankruptcy Trustee Be Held Liable For Trust Fund Recovery Penalty of Responsible Officer?" published on Procedurally Taxing blog. The article begins as follows: In In re Big Apple Energy, LLC, No. 8-18-75807 (Bankr. EDNY 2022), the owner of a business that failed to pay the taxes … Continue reading Procedurally Taxing: Can Bankruptcy Trustee Be Held Liable For Trust Fund Recovery Penalty of Responsible Officer? (April 19, 2022)
Bryan Camp: Lesson From The Tax Court: Distinguishing Employees From Independent Contractors (May 2, 2022)
Bryan Camp has published his article, "Lesson From The Tax Court: Distinguishing Employees From Independent Contractors", which discusses whether employers should classify their workers as as employees or independent contractors. The article begins as follows: Pro Publica has proudly proclaimed that “If You’re Getting a W-2, You’re a Sucker.” I know lots of workers who would … Continue reading Bryan Camp: Lesson From The Tax Court: Distinguishing Employees From Independent Contractors (May 2, 2022)
Judith Graham: Advance Care Planning for Guns: Owners Can Help Ensure Safe Use and Transfer of Weapons (April 27, 2022)
Judith Graham, a blogger for KHN, has made available for download her article, "Advance Care Planning for Guns: Owners Can Help Ensure Safe Use and Transfer of Weapons". The article begins as follows: Kerri Raissian didn’t know what to do about her father’s guns when he died of covid-19 in December at age 86 and … Continue reading Judith Graham: Advance Care Planning for Guns: Owners Can Help Ensure Safe Use and Transfer of Weapons (April 27, 2022)
Bret Cahn: The Challenge of Finding Admissible Evidence in Abandonment Proceedings (April 25, 2022)
Bret Cahn, of New York Trusts and Estates Litigation Blog, has published his article, titled "The Challenge of Finding Admissible Evidence in Abandonment Proceedings", where he describes how some of the most interesting estate litigation issues arise in proceedings to determine a surviving spouse's entitlement, especially when there are existing claims of abandonment. The summary … Continue reading Bret Cahn: The Challenge of Finding Admissible Evidence in Abandonment Proceedings (April 25, 2022)
Sacha Dray, Camille Landais, & Stefanie Stantcheva: Wealth and Property Taxation in the United States (April 19, 2022)
Sacha Dray, Camille Landais, and Stefanie Stantcheva have made available for download their article, "Wealth and Property Taxation in the United States". The abstract is as follows: We study the history and geography of wealth accumulation in the US, using newly collected historical property tax records since the early 1800s. The property tax in the … Continue reading Sacha Dray, Camille Landais, & Stefanie Stantcheva: Wealth and Property Taxation in the United States (April 19, 2022)
Jeffery A. Cooper: Death by Deduction: Section 2058 and the Decline of State Death Taxes (April 4, 2022)
Jeffery A. Cooper, of Quinnipiac University School of Law, has made available for download his article, "Death by Deduction: Section 2058 and the Decline of State Death Taxes", published in SSRN. The abstract is as follows: This article illustrates how, and seeks to explain why, the deduction for state estate taxes (Internal Revenue Code Section … Continue reading Jeffery A. Cooper: Death by Deduction: Section 2058 and the Decline of State Death Taxes (April 4, 2022)
Charles E. Rounds Jr.: When adjudicating trust disputes, the equity court are duty-bound to act, sua sponte if necessary, in vindication of the lawful intentions of settlors (April 20, 2022)
Charles E. Rounds Jr., of Suffolk University Law School, has made available for download his article, "When adjudicating trust disputes, the equity court are duty-bound to act, sua sponte if necessary, in vindication of the lawful intentions of settlors", published in JDSUPRA. The abstract is as follows: In a trust dispute, the court, apart from … Continue reading Charles E. Rounds Jr.: When adjudicating trust disputes, the equity court are duty-bound to act, sua sponte if necessary, in vindication of the lawful intentions of settlors (April 20, 2022)
Goulston & Storrs PC: Probate & Fiduciary Litigation Newsletter – April 2022
Colleagues of Goulston & Storrs PC, have made available for download their article, "Probate & Fiduciary Litigation Newsletter - April 2022", published in JDSUPRA. The abstract is as follows: Is a child’s “position of trust” with her mother enough to establish undue influence where the mother favors that child over another in her will, trust … Continue reading Goulston & Storrs PC: Probate & Fiduciary Litigation Newsletter – April 2022
Forbes: Charitable Gifts Of NFTs: Liquidation Process (April 20, 2022)
Forbes has published an article, "Charitable Gifts of NFTs: Liquidation Process", which discusses how NFTs can be donated to charity. The article begins as follows: As discussed previously, NFTs could be donated to charity. If you are a nonprofit and are deciding whether to start accepting NFTs, one issue that you must address is how … Continue reading Forbes: Charitable Gifts Of NFTs: Liquidation Process (April 20, 2022)
Peter Molk: Where Nonprofits Incorporate and Why It Matters (March 17, 2022)
Pater Molk, of the University of Florida Levin College of Law, has made available for download his article, "Where Nonprofits Incorporate and Why It Matters". The abstract is as follows: Nonprofit corporations account for over a trillion dollars of American annual GDP, employ twelve million people, and include some of the most well-known organizations in … Continue reading Peter Molk: Where Nonprofits Incorporate and Why It Matters (March 17, 2022)
Taxpayer Advocate Service: TAS Tax Tip: Need help resolving a tax amount owed or finding the right payment option? (April 19, 2022)
The Taxpayer Advocate Service has published an article, "TAS Tax Tip: Need help resolving a tax amount owed or finding the right payment option?". The article begins as follows: Got a tax bill for your federal tax return? We have resources to help you resolve it.Is the amount due on the tax bill accurate?If yes, see … Continue reading Taxpayer Advocate Service: TAS Tax Tip: Need help resolving a tax amount owed or finding the right payment option? (April 19, 2022)
TaxProf Blog: Lesson From The Tax Court: “What’s Excluded From The §132 Exclusion?” (April 18, 2022)
Bryan Camp has published his article, "Lesson From The Tax Court: What’s Excluded From The §132 Exclusion?", which discusses exactly what is excluded from the The §132 Exclusion. The article begins as follows: Tax Day is here! And what better way to observe the day than a lesson on §132, a lesson that evokes the ghost … Continue reading TaxProf Blog: Lesson From The Tax Court: “What’s Excluded From The §132 Exclusion?” (April 18, 2022)
Forbes: Can Delaying IRA Distributions Raise Your Taxes? (April 16, 2022)
Forbes has published an article, "Can Delaying IRA Distributions Raise Your Taxes?", which discusses how although Congress is raising the age you must start withdrawing from taxable retirement accounts, waiting too long can raise your taxes. The article begins as follows: Congress is raising the age you must start withdrawing from taxable retirement accounts. But waiting … Continue reading Forbes: Can Delaying IRA Distributions Raise Your Taxes? (April 16, 2022)
Johan David Michels, Sharon Hartung, & Christopher Millard: Digital Assets: A Call To Action (September 21, 2021)
Johan David Michels, Sharon Hartung, and Christopher Millard, of Queen Mary University of London - School of Law an another affiliation not provided, have made available for download their article, "Digital Assets: A Call To Action", published in SSRN. The abstract is as follows: Digital assets - such as social media accounts, emails, crypto-assets and … Continue reading Johan David Michels, Sharon Hartung, & Christopher Millard: Digital Assets: A Call To Action (September 21, 2021)
NY Times: How Many Billionaires Are There, Anyway? (April 7, 2022)
Willy Stanley, in his New York Times article, discusses a real life money issue - How many billionaires are there actually? He analyzes different media outlet's numbers and tries to make sense of them, but one thing's for sure - the number of billionaires is rapidly growing. His article, "How Many Billionaires Are There, Anyway?", … Continue reading NY Times: How Many Billionaires Are There, Anyway? (April 7, 2022)
Procedurally Taxing: State Level Taxpayer Rights: A Survey of State Tax Administration (April 4, 2022)
A guest blogger has made available for download their article, "State Level Taxpayer Rights: A Survey of State Tax" published on Procedurally Taxing blog. The article begins as follows: Under a grant from the Rockefeller Foundation, the Center for Taxpayer Rights has developed a survey of state tax administration practices and procedures to better understand … Continue reading Procedurally Taxing: State Level Taxpayer Rights: A Survey of State Tax Administration (April 4, 2022)
Wealth Strategies Journal 